|
|
Bankruptcy is the process of dealing with the estate of a bankrupt. A bankrupt is an individual
against whom a bankruptcy order has been made by the Court. The Order signifies that the individual
is unable to pay his/her debts as and when they fall due and deprives him/her of their property,
which is then realised for distribution amongst his/her creditors. A 'Trustee' will be appointed
who will take action to turn assets into cash to pay creditors. Parkin S Booth can be appointed as
Trustee and will act in the best interests of all parties.
[Back] |
|
|
|
- All aspects of liquidations, administrations and company voluntary arrangements
- The effect of fixed and floating charges
- Directors/Employees rights to redundancy, notice pay, etc.
- Directors' responsibilities and guarantees
- Dealing with Bailiffs/High Court Enforcement Officers
|
|
- Bankruptcy Orders
- Individual Voluntary Arrangements
|
|
|
